Goldman Sachs In Japan: “Arrogant”

Goldman Sachs couldn’t even buy good press now. Here is another look inside the center of Crony Capitalism.

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It was just past 7:00 a.m. on the morning of Saturday, September 13, 2008. Jamie Dimon, CEO of JP Morgan, went into his home library and dialed into a conference call with two dozen members of his management team.

“You are about to experience the most unbelievable week in America ever, [...]

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“How Much Money Did We Make Off The Client?”

To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money. Goldman Sachs is one of the world’s largest and most important investment banks and it is too integral to global finance to continue to act this [...]

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